Rare opportunity to purchase a beautiful restaurant on Highway 29

Price: $199,000

Location: St Helena, Napa County CA

Industry: Restaurants and Other Eating Places

Listing ID: 5198

DESCRIPTION

Beautiful Italian-style restaurant and Gelateria that features craft beers and wines on tap. Daily fare includes panini, soups, delectable salads, espresso and an array of gelato. Guests dine in the open and casually elegant dining room, airy patio on Main Street or in the privacy of a comfortable, private nook lined with couches. The restaurant is open early for a European breakfast experience. Closing hours flex with the occurrence of popular sporting events. Buyer operating onsite could increase profits.

Premise is currently license with ABC Type-41 Beer and Wine License

PRICE INCLUDES: Furniture, fixtures and equipment, covenant not to compete training period, leasehold interest, leasehold improvements, brand name recipes, menu and goodwill. Some personal items may be excluded from the sale.

LISTING DETAILS

Cash Flow: If applicable, financial information will be shared after an NDA is submitted.

OPERATION
Year Established: Café has operated in this location since 2010 with a remodel and expansion in 2012. Current owner since June 2018

Days & Hours of Operation: Open 7 days a week. Monday-Thursday 6:30am-9:00pm; Friday 6:30am-10:00pm; Saturday 7:00am-10:00pm; and Sunday 7:00am-9:00pm

Owner Hours Per Week: Seller works remotely as the GM for approx 20 hours per week and is onsite 2 weeks per month
Employees: There are 4 full-time and 11 part-time employees. Seller owns 2 businesses in the LA area. Buyer who can dedicate more time onsite will have better control of expenses and should be able to cut labor costs.

LOCATION
Monthly Rent: $10,184
Square Footage: The restaurant is 2400 sqft (approx.) with an inside occupancy of 79 & patio seating for 14

Facilities Information:

Percentage lease with $10,184 monthly rent (approx) a natural breakpoint after which rent is 8% percent. NNN is approximately $2,000 monthly. Current term ends April 2028 with two (2) 5-year options.

Dining room features a large, wrap-around, ADA-compliant bar with seating for 10; wall bench seating on both sides of the roomy dining area with six 2- top marble tables and one 4-top marble table; 15’-0” (approx.) Gelato, round-top merchandiser; 4 hand sinks; nook offers semi-private seating with 3 leather couches

Clean and well-lit kitchen features a 5’ 6” Type-1 hood: 6’-8” Type-2 hood; and 9’-0”; a 6’ X 5’ Walk-in refrigerator; 7’ X 5’ Walk-in freezer; a single unit 6 burner stove, oven and 2-basket deep fryer; 2-door refrigerator; triple sink; hand sinks; prep sink and more

For more information on this listing, please complete our Non-Disclosure Agreement

CONTACT DEAL OWNER

Ryn Longmaid

Phone: (707)-503-9335
  • Hidden
  • Hidden
  • Hidden